market

Renewable energy investor AMPYR Distributed Energy has secured a multi-million-pound debt facility from an international banking major to grow its ambitions in the UK solar and battery energy storage system (BESS) sectors.

News from the UK’s offshore wind sector as an offshore substation has been completed for SSE Renewables’ Dogger Bank C, and Orsted has awarded £100,000 funding as part of the community benefit fund for the Hornsea 3 offshore wind development.

Ofgem has opened a new consultation into potential regulatory changes to the National Energy System Operator (NESO).

Energy suppliers that fell short of Ofgem’s standards when installing involuntary prepayment meters (PPMs) will pay £18.6 million back to at least 40,000 customers.

Swedish state-owned power company Vattenfall is working with Energy Bank and Scania Volkswagen Dealers to launch a pilot project on bidirectional charging.

EV charger supplier Pod Point has rebranded as Pod, offering a new proposition as it shifts focus from chargers to providing charging services.

The Australian Minns Labour government has announced investment of AU$16.1 million (£7.66 million) to install 246 fast and ultra-fast EV chargers across New South Wales.

Energy research institute the Centre for Net Zero (CNZ) has published the results of a trial that found dynamic pricing increases public EV charging during periods of electricity oversupply.

A new package agreed between the UK and EU could see the UK participate in the EU’s electricity trading platforms.

Cornwall Insight has published its final forecast for the July to September default tariff cap, which will see a fall of 7% from the current price cap.